EURUSD daily and weekly.
Morning Star is of concern. Its is very bullish pattern. It is foloowed by pinbar / umbrella (should be formed today) 80 percent of times price goes up for 4-5 days.
Price is ar R3-R4 monthly reversal zone at 8 weeks KAMA support.
IF shelf is broken - price will slip down to 1.200 (will bounce at 1.20) and might fall even lower.
For educational purposes.
Morning Star is of concern. Its is very bullish pattern. It is foloowed by pinbar / umbrella (should be formed today) 80 percent of times price goes up for 4-5 days.
Price is ar R3-R4 monthly reversal zone at 8 weeks KAMA support.
IF shelf is broken - price will slip down to 1.200 (will bounce at 1.20) and might fall even lower.
For educational purposes.